Kandi Technologies Group, Inc. (NASDAQ:KNDI - Get Free Report)'s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $1.82 and traded as low as $1.07. Kandi Technologies Group shares last traded at $1.11, with a volume of 167,992 shares trading hands.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised shares of Kandi Technologies Group from a "sell" rating to a "hold" rating in a report on Monday, August 19th.
Read Our Latest Analysis on Kandi Technologies Group
Kandi Technologies Group Trading Up 0.5 %
The firm has a market cap of $95.54 million, a PE ratio of -13.81 and a beta of 1.40. The company has a 50 day simple moving average of $1.55 and a two-hundred day simple moving average of $1.82. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.26 and a current ratio of 4.11.
Institutional Investors Weigh In On Kandi Technologies Group
A hedge fund recently bought a new stake in Kandi Technologies Group stock. Impact Partnership Wealth LLC purchased a new stake in Kandi Technologies Group, Inc. (NASDAQ:KNDI - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The firm purchased 26,000 shares of the company's stock, valued at approximately $57,000. Institutional investors and hedge funds own 3.66% of the company's stock.
About Kandi Technologies Group
(
Get Free Report)
Kandi Technologies Group, Inc engages in designing, developing, manufacturing, and commercializing electric vehicle (EV) products and parts in the People's Republic of China and the United States. It offers also off-road vehicles, including all-terrain vehicles, utility vehicles, go-karts, electric scooters, and electric self-balancing scooters, as well as related parts; and battery packs and smart battery swap system.
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